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IAEA, Iran work out 'temporary solution' amid impasse
- Rafael Grossi’s second visit to Tehran came on heels of Iran’s deadline to stop implementing Additional Protocol to NPT
Nuclear deal talks between US, Iran ‘possible': EU
- EU foreign policy chief leads ‘intensive’ talks to bring US, Iran back to table, says EU Commission spokesperson
Int'l Atomic Energy Agency chief to visit Iran Saturday
- Visit comes as Iran decided to stop implementing Additional Protocol under Non-Proliferation Treaty
Iranians expect Biden to lift sanctions on Tehran
-Suffering under financial difficulties, Iranians urge their country, US to turn back to negotiating table
Qatar to resume trade with Saudi Arabia on Feb. 14
- Qatari customs authority issues regulatory controls pertaining to movement of imported, transiting goods
11.02.2021
Middle East-Africa
Iran unveils second homegrown COVID-19 vaccine
- It is second homegrown vaccine that has reached human trials phase in Iran
US: No sanctions easing until Iran halts uranium enrichment
- Standoff with Iran on returning to 2015 nuclear deal set to continue as US President Biden rules out first move
Oil prices up over easing of supply glut fears
- Saudi Arabia’s voluntary output cut of 1 mbpd in Feb. & March is what market needs amid coronavirus-induced, weak demand
Iran close to having enough material to make nuke: US
- US top diplomat says Tehran 'weeks' from obtaining sufficient material if it continues to move away from deal
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Oil prices up over Saudi output cut, vaccine hopes
- Rising number of US oil rigs limits further price increase, raising supply glut concerns
US to honor nuke deal after Iran returns to compliance
- Secretary of State Antony Blinken says US position remains that Tehran should honor commitments before sanctions lifted
Indonesia detains Iranian and Panamanian oil tankers
- Iran, OPEC's second-largest oil producer, tries to bypass US sanctions to transfer oil
S. Arabia to invest $2.5 billion in Uzbekistan's energy
- Uzbekistan aims to generate 40% of electricity from renewable sources, constructing 30 solar and wind power plants by 2031
Will Biden bury the hatchet with Iran?
- Experts believe road to reconciliation is bumpy, with several bottlenecks
Israel concerned over Biden’s stance on Iran, Palestine
- Israeli newspaper lists 11 Jewish-American officials tapped for top positions in new US president’s administration
22.01.2021
Middle East-Africa
S. Arabia becomes largest oil supplier to China in 2020
- Saudi's oil exports to China amounts to approximately 1.69 million barrels per day in 2020, up 1.9% year over year
Iran-EU tensions reach fever pitch over nuclear program
- UK, Germany and France warned Iran against starting work on uranium metal-based fuel
Total announces fourth oil discovery offshore Suriname
- Discovery at Keskesi East-1 well follows previous discoveries at Maka Central, Sapakara West and Kwaskwas in same region
Venezuela condemns US policy of seizing fuel shipments
- Social media exchange between Venezuelan foreign minister and top US diplomat reflects tense relations between governments
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How aftermath of Gulf crisis will shape energy trade
- Lifting of blockade will save Qatar extra shipping costs of oil and LNG exports, and pave way for energy deals, expert says
Iran oil revenue down over 50% since 2018: Central Bank
- Country has been suffering strict sanctions since 2018 after US withdrawal from 2015 nuclear deal
Iran to uphold right to regain lost oil market share
- New US Administration could alleviate economic sanctions on Iran but this would require strict nuclear deal compliance
Oil prices up still buoyed by OPEC+ output cut
- OPEC+ decision to cut output by more than expected in February and March relieves markets from low demand amid lockdowns
UK, France, Germany ‘concerned’ over Iran nuclear enrichment
- Commencement of uranium enrichment up to 20% violates Iran’s commitments under nuclear deal, says joint statement
Saudis unilaterally cuts 1M bpd to solve OPEC+ tie
- Group agrees to cut production by 925,000 bpd in February and 850,000 bpd in March from rate of January
Over $9.5B in Iranian funds frozen in S. Korea: Report
- Tensions between Seoul, Tehran mounting following Iran's seizure of South Korean-flagged oil tanker
EU calls on Iran to refrain from undermining nuclear deal
- Nuclear deal can be kept alive if all participants deliver on their obligations, says EU spokesperson
Iran confirms plan to enrich uranium up to 20 percent
-UN nuclear watchdog on Friday said Iran had communicated its intention to increase uranium enrichment from 4.5 to 20 percent